🟢 Gold Producers ETF (IS0E.DE) is trading 7.15% up as U.S. employment fell by 23,000

IS0E.DE is trading at €36.09, up +7.15%, as gold rallied toward fresh seven-week highs after the August 7, 2026 payrolls report showed U.S. employment falling by 23,000, versus expectations for growth.

• The surprise contraction weakened rate-hike expectations, pushing Treasury yields and the U.S. dollar lower, supportive for gold.
• Easing Strait of Hormuz reopening concerns reduced inflation and higher-for-longer rate fears while maintaining demand for defensive assets; gold futures settled at $4,346.40 on August 7, 2026.